Title Loans in Bivalve, Maryland

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No title loan companies in Bivalve, MD. Consider companies in other cities:

Company nameAddressZip codePhone number
Tri County Abstract Inc 115 La Grange Ave, La Plata, MD 20646 +1 (301) 392 - 9053
Maryland Trust Title & Escrow, LLC 2530 Riva Rd 101, Annapolis, MD 21403 +1 (410) 224 - 4400
Armour Title Company 10220 S Dolfield Rd 200, Owings Mills, MD 21117 +1 (877) 848 - 5330
BB&T 1303 E Patrick St, Frederick, MD 21701 +1 (301) 662 - 1118
BB&T 11111 Racetrack Rd, Berlin, MD 21811 +1 (410) 641 - 5265
Oyster Mortgage Company, Inc. 216 Dorchester Ave Ste 3, Cambridge, MD 21613 +1 (410) 221 - 8177
M&T Bank 7620 Old National Pike, Boonsboro, MD 21713 +1 (301) 432 - 2273
Bank of Charles Town 1101 Frederick St, Hagerstown, MD 21740 +1 (301) 739 - 4228
Fidelity National Title 9891 Broken Land Pkwy 300, Columbia, MD 21046 +1 (410) 381 - 4020
Mid-Atlantic Federal Credit Union 12820 Wisteria Dr, Germantown, MD 20874 +1 (301) 944 - 1800

Title Loan Companies in Nearby Cities

If there are no title loan companies in Bivalve, MD, you can try to find different companies in big cities nearby. Check out the following pages here: Car Title Loans in Potomac, MD, Title Loans in Randallstown, MD, Car Title Loans in Rockville, MD, Car Title Loans in Salisbury, MD, Title Loans in Severn, MD, Title Loans in Severna Park, MD, Title Loans in Silver Spring, MD and Title Loans in Towson, MD. But also, you can apply for a loan online, not coming out of your home. Just fill out a simple application on our website and we will connect you with trusted direct lenders in Bivalve, MD.

Title Loans in Bivalve, Maryland

If you’re in need of quick cash in Bivalve, Maryland, title loans may be an option worth considering. Title loans are a legal and popular way to borrow money in Maryland, and they can be a lifesaver when unexpected expenses arise. In this article, we’ll dive into the details of title loans and how they work in Bivalve, Maryland.

What are title loans?

A title loan is a type of secured loan where the borrower uses their vehicle as collateral to borrow money. The lender holds onto the title of the vehicle while the borrower repays the loan. Once the loan is fully repaid, the lender returns the title to the borrower.

How do title loans work in Bivalve, Maryland?

In Bivalve, Maryland, title loans are legal, but there are regulations in place to protect borrowers. The maximum amount that can be borrowed is $25,000 or half of the vehicle’s value, whichever is less. Title loan interest rates in Maryland are capped at 33%, and lenders are required to be licensed.

To qualify for a title loan in Bivalve, Maryland, the borrower must meet certain requirements. These requirements may include:

  • Being at least 18 years old
  • Owning a vehicle that’s fully paid off and registered in their name
  • Having a regular source of income
  • Providing proof of identity, residency, and income

What are the benefits of title loans in Bivalve, Maryland?

One of the biggest benefits of title loans is that they are a quick and easy way to get cash when you need it. The application process is relatively simple, and you can often get approved and receive your funds on the same day. Additionally, title loans may be a good option for borrowers with poor credit, as the lender is more focused on the value of the vehicle than the borrower’s credit score.

What are the risks of title loans in Bivalve, Maryland?

While title loans can be a helpful tool for those in need of quick cash, they also come with risks. If you’re unable to repay the loan, the lender can take possession of your vehicle and sell it to recoup their losses. Additionally, title loans often come with high interest rates, which can make them difficult to pay back if you’re not careful.

Interesting Facts and Statistics about Title Loans in Bivalve, Maryland

  • In Maryland, the average title loan is for $1,042.
  • There are over 100 title loan lenders in Maryland.
  • According to a 2019 report from the Center for Responsible Lending, the average annual percentage rate (APR) for a title loan in Maryland is 272%.

Apply Now

If you’re considering a title loan in Bivalve, Maryland, TheGuaranteedLoans is here to help. As a connector service, we work with a network of lenders to find potential matches for your borrowing needs. To get started, simply fill out our online application and we’ll match you with lenders who may be able to offer you a title loan. Remember, we are not a direct lender, and it is important to carefully review the terms and conditions of any loan offer before accepting.

Title Loans Available in Bivalve, MD By The Following ZIP Codes:

21814

Bivalve, MD title loan calculator

Frequently Asked Questions About Car Title Loans in Bivalve, Maryland

Can I get a title loan on a vehicle that has a salvage title in Bivalve, Maryland?

In most cases, you cannot get a title loan on a vehicle that has a salvage title in Bivalve, Maryland. This is because vehicles with salvage titles are considered to be of significantly reduced value, and therefore do not provide sufficient collateral for a loan.

Are there any fees or additional charges associated with a title loan in Bivalve, Maryland?

In addition to interest, some lenders may charge fees or additional charges for a title loan in Bivalve, Maryland. These may include origination fees, processing fees, or late payment fees. It's important to carefully review the terms and conditions of your loan before accepting it, and to ask about any additional fees that may apply.